@surplusmagazin.bsky.social published an article by @matthiasubl.bsky.social which adds to my claim from 2 weeks ago. Real wages are stagnating, while the rich are getting richer during last years’ crises. See below development of German real wages since 2015 (blue) and the prior tendency (red).

Quo vadis, productivity?
After WW2, the West was used to productivity and real wages growing at similar rates.

Since the 80s, real wages have stagnated, while productivity has exploded.

If workers’ purchasing power did not grow, where did the increases productivity go? The capitalists’ pockets.

If you’re looking for educated contemporary leftism, good places to start imo are the works of

@graceblakeley.bsky.social
@beyond-ideology.bsky.social
@garyseconomics.bsky.social
@mauricehoefgen.bsky.social